Company reBtstraOn number. 07567467 Charity reOstradon number. 1142184 Carer Support South Lakes (A companyllmlted by8rante•) Annual Reportand FIDwndo1 Ststements fortheyear Ended 31 March 2025 Stables Thomp& Brfscoe Umitrd Lowther Street Kendal 94DX
ConteDts 2to7 Ind•pendent thrnInes Report Statememof FInancACtly1e1 Iotoii BalaThseet 12 Notes tothe Flnand•l Statements 13to32
Carer Support South Lakes Reference and AdmlDlstratlve Detalls Chalnnan l R A]exander l R Alexander S Dobson A Hlll R Lancaster G McKeever S•¢relary D Marsden SeDlor ManA8•Dh•Dt/ l**deNhlp Team D M¥rsden, Chlef Executive Offlcer D Bllllngton, Flnanu and Offlce Mana8er H cra Operatlons Mana8er C Duckworth. Bu$lnes$ Development Manoyr Charlty Reglstsxdom Number 1142184 CompAny ReI¢d0 Numb•r 07567467 The charlty ts In¢orporared In En8land and Wales. R•W8t¢red Offlce Beezon Annexe Beezon Road Kendal TA9 6EL Prlndpal Offlc• Beezon Annexe Beezon Road Kendal LA9 6EL IndependelltExamlner Stables Thompson &Brtscoe Llmlted Page I
Kendal LA9 4DX
Carer Support South lakes The trustees wthoare directors for the pMrp05e5 of company law. presentthe annual report togetherwlth the flnandal wtemettts ofthè ¢h•Yfitsble Company fortheyearended 31 March 202S. Oblertlv¢s and athrftles Objeoa01m8 The prlndple obiertlve of the org4ntsadon Is to Improve the Ilves of unpald Carets of 011 by Identlfylng the needs of an unpld rarer and provlding quallty servlces. support and advocacy to protert thclr h¢alth and wellbeln& An Unpald Carer 15 anyone. Includlng thlldren and adults who looks after a famlly member, partner. frlend or nelghbourwho needs help Iwause of thelr Illnes& frallry. dtsablllty, a mentsl health problem or an addlcdon and cannot ¢ope wIthovt thelr supporL OurPurpos• Asstst Carers throughoutthelr carln81ourneyby ProdIn Ind developlnB4pproprlatr support servlce& Jlon Every Car•rwllJ be #ble to Ilve well ¥nd •nloyllfewhllst feellD8SUPPDrted and Induded. Identlfy Carer5. provlde them wlth servlces throu8hout thelr orlng lowrney, and empow•r thern trj Ilv• the Ilf• they choox We assw Indlvldual needs and Ove InfOnd0 8uldance and SIp& We support C¥r*rs wlth Idendfyj ways to mana8e thelr pressure4 le5senlnq the {rnrt on thelr health and wellbel We connertcarers wlth otherswho understand thelrthollenge& We strfve to Influence than8e wlthln our comrnunlty ensurfng every Carer feels heard valued •nd Included Th¥Thte¢S and Executtve Team are commltted to dellverln8 the ¢harttys mlsslon through followlnB our strategy for 2025 to 202& Thls reColse5 ourwst achlevesnents and h¥s been developed to reflert th•m ourfuture asplradons forthe ¢harlty. Our promlse ts to be Blgg•r. Better. and Bold¢r In every1hln8 we We seek to #thleve thls through focun9 on ourvlslon and by worklng to specific goab and oblecdves In kry area5 of ourwork In re¢o8nlslng th1& the prtvlous Ibve plllars have IRen •dapted Into our guiding prlTJclples In four fundamental areas: . Our People. • Belng Connected • Belng Responslve and Prooctlve. • Ourvolceand Influenc&
Carer Support South Lakes Trustees. Report FuRdrotslng dlsclosures It Is wlth Ereat dellght to report that the charitys fundrdlslng artlvities conttnued to be successful. supported by re8ular sponsors and strong commllnlty enBaEement and for that we 8tve our contlnued thank& We are extremely lucky to contlnue wlth our"Give Carers a BTeaV appeal enabllng Carer5 to acce5S Short breaks. resplte days and wellbelngartivities. ThteeS are grateful tosponsors.communlty mernbe, and volunteers forthelr generoslty and commitsnent I contlnue to be amazed and thankful to our local communlty generoslty. they rea]ty pull out all the stops whett we ask them to hel It ts great to Itnow that unpaid Carers In the South lakes are held In such hlgh regard by ourcommunity We ralsed £47.262 between 2024 and March 2025. The Trustees conftrni that fundralslng atuvltles complled wlth the Code of Fundrdtslng Prdcd¢e. Publlcbenejlt We condnue to work to Identlfy unpaid Carers and provlde them wlth a personwcentered support plan. and all the Infonnatlon and support they need to help them In thelrcarlng rola Our seThlces are avallable to people looldng after a relative, loved one lir frlend, who due to physical or mentsl Illness age related dlfflcultles. dtsablllty OTn addlctloN¢annotmana8e wlthoutthelr supporL Becomlng a Carer can. for some people become a sudden responslbiiity leg If a loved one is involved In an accldent or becomes ill). For other& It can be a 8radual process wlth the responslbllltles creeplng up on them. Incre•sln8 slowly as the person they Care for begins to age. unable to cope, or their health deterlordte& The trustees conflrni that they have complled wlth the requlrements of secdon 17 of the Charities Act 2011 to have due rerd to the publ1¢ benefit guldance publlshed by the Charlty Cornmlsslon ftir England and Wale& Userfvoknntsers Volunteers are a bl8 part of the charltys work Without them we could not provlde the number of servlces, quallty and level of support to unpald Carers that we do. Behind the sc¢nes. they pro-vlde essential help and supportto the day-to-day runnlng olthe orgatjtsation. The roles they fulfll Include: ThJstee& Patrorn Ambassadors Communlty Fundrdlsers. AdmSnlstratlve Voluntsers and Support Group Volunteepts. Our Volunteers help u$ to dellvera range of seTvlce5 Incllldlng ourvoiunteerled sItd Here to Hear. and Home Support Servlce. We have volunteers who go our Into the communlty a5 our Carer Charnplon& These Champlons meet wlth communlty Eroups to Inform and Identlfy Carers. Our volunteers undertake annual revlews and telephonesurvèys wlth Carer& Our Volunteer5 Indude Carers. cared for. rrflred people slmply looklng to do 50Jnethlng wlth their spare tlme, others who are keen to gath work experlence to help them get pald employmen( fonner Carers Adull Parent and Young Carers or Indlvldua]s who slmply want to give somethlng back to their local communlty. In 20225.105 volunte•rn provtded 3501 of suppor¢ Induding 180 hours Oven by Page 3
Carer Support South Lakes Trustees, Report Athlevements andperfornLgnc• Key outcomes In 202¥25: . 558 C¥rerassessments completed. • 9H, Face to face and/ortelephone support sesslons dellvered. • 65, emergency drop In sesslons for Carers In crlsls • 124 contlngenry plans developed. • 224 Carers recelved a break through the Glve Carers a Break campalg . 84 support group meedngs hel • 32 emergency one-to-one sesslons provlded, • 49 Schools were vlslted to supportytsung Carer5 In a one to one setdn& 191 Youn8 carS accessed trlps, re$ldentlal& and group actlvltles. Volunteer Led ImpacL' 3501 hours of support dellvered. . S9 Carets supported through Here to Heir. . 44 Carers recelved 1078 hours ofresplte vla the Slttln8 SeThlce. . 20 voluntsers asslsted wbth events, fundralsln& and offlce supportglvlng over 1150 hours ofthelrdme . 6 Volunteers Bave 220 hours to our Peer Supp¢*rt Groups • 3 Carer champSon$ save over 40 Carer Champlon Ses51on$ • S Voluntétrs supported our Counsellln8 seThI that8ave 212 hours of supportto unpa5d Carers Young Carers pro8ramm• 275 Indlvldual youn8 Carers Supported. * 780 ontrto.one sesslons dellvered. . 238 one to one sesslons were provlded by our Famlly Prartltloner. 349 Indlvldual people beneflted from thls supportto Include parents and 8randparents • 49 schools and tolleges provlded space forsupporL 5 peer support groups, 13 acdvlttes, 8nd 3 resldentlols dellvered. Pathway SupportftsrCar•rs aged 16-24, • 93 one.to.one 5e5$1ons dellvered. • 23 Group$ $esslons . 49 Young Adult Cgrers engaged wtth the Pathway programme . 35 small, medlum and large ernployer5 provided eMplOent opportunltles. To ourYoun8AdultC8rers 14 awgreness sesslons dellvered In the communlty. 17 Indlvldual school, ¢olleges and unlverslties worked ¢ollaboratively wlth us to provlde educatlonal opportunlties for our YoungAdult Carers Edu¢4tlon Pro8ramme • 19 Indlvldual Young Carers r¢e•lved 262 hours ofone th one educatlonol support Youn8 Carers and parents and teachers tell us 'The Eng]Ish tultlon really helped G, they have Improved In ¢ODfldence. attended hliher 8r•de than experted and now Is acc•sslng fvrther tuldon to support In M•themadcs and Sen. I can mlly t¢ll the dlffeTeD¢• thAt my extra les$on$ wlth CSSL h•$ made. l am nrfm predlct•d a Brnd¢ 6 whereas bèfore I was looldng at a pr<dlrted grade of 3 whl¢h 1$ below the mlnlmum requlrem•DL My Eth8llsh teacher at school has nodced a dlff¢rence and l am much mor• confident P4ge 4
Carer Support South Iakes Trustees, Report During the year, the charity Tecelved fundlng from a rnn8e oftrusts, foundation5. and story SOUTces includln • The Erlcwrlght CharttableTrust • The Henrysmlth Charlry • The Nadottal Lottery Communlty Fund . BBC Chlldren In Need • Carers Trust • Cumbrla Communlty Foundatlon • Westsnorland and Furness Councll • Garfield Weston Foundatlon • Grantscape (Walney Extenslon Communlty Fund) • Frdncis ScottTrust • The Frleda Scott Charjtable Tnt • The Hadfleld Trust • The Davrd Snowdon Trust . The Evan Cornlsh Foundatlon • Global's Make Some Nolse • The Foyle Foundatlon • Masonlc Charitsble Foundatlon . BBC Children in Need . Souter Charftable Trust • The D'oyly Carte CharitsbleTrust . KendalTown Counc51 • Lupton TowerTrnst • Lord Barntys Foundadon • The Roseland Trnst • Lake Distrirt FaTmers . Mlchelle lurdTrust Thls fundlng enabled dellvery of Adult Carers, programrnes Young Carer¥ projects, VolunteeT-led servSces. and Outreath Inldaljves Total Income Increased to £767,979 [2024: £675.705), primarilydue to restr&¢ted grant income. Expertdlture increased to £663,976 (2024: £65&227J, £368.630 (Z024: £348,733) spent on reSrted charttable actlvldes. At 31 March 2025: . Restrlcted fimds: £199.895 (2024: £114,799) • Net Increase In reserves: £104,003 [2024: £17,478) . Unrestrlrted re5ems,. £148,260 (2024.. £129353) The group had net assets at 31 March 2025 of £34&155 [2024 - £244,152) of whlth £148,099 12023 £128,550) are ronsidered free reserves An annual budget 1$ developed by the tsam and agreed wlth the board OfTTUst Managementaccounts are produc and reviewed on a monthly basis to confim the finandal health of our organisatlon. A further monthly review Is carrfi out to tsst our financial liabilities. currently thts ts assessed as £40K separate fund of£47.SOO Is kèptin reserve should we have to meetthls Itabllity. Page 5
Carer Support South Lakes Tntee8, Report ns forfuture perlods The Thistees, prlorides for the year ahead Include: . Contlnue to developlt)g a legacy and In-memoriam 8lvlng prwamme. . Expandlng servlces In artss. In¢rna$Ingen8a8ementth malordonors and phllanthroplsts. Flnandal Instrnm8nts and Rlsk Mana8em¢llt Objectlves andpollcl•s The tharlty Is exposed to llnanclal risks Includlng cash flow rlsk and credlt rlsK lar8ely Ilnked to I¢Kal government fund1 Rtsk% are m5tlgatsd by: . Dlverslfy5ng Income 50ur¢es. . Malntalnlng reserves. . Partnerln8with reputsble banks and funders, SlrnrtureDgoVennCe and man4ement Notureofgov•rnlng docyment The chartty 1$ a company Ilmlted by 8uarantee. Incorpordted on 17 March 2011 and re815tered gs 9 ch¥rlry on I lune 2011. It was origlD#lly estsbllshed as South Lakeland Carets Asso¢lAtlon In 1992 and became C8rnrSupportSouth L4kes In 2019. Re¢rnltsnentondppolnlmentrftnisttt$ Tht dlrectors of the company are oiso eharlty $tee$ for the purpose of Company law and under the comnY,$ Artldes ofAssoclatlon are known as membeTS ofth¢ M8na8emtnt Commlttee. The trustees who served the charitsble company during the p•dod are Ilsted on paBe 2. together wtth thelrdats of appolntment or resl8rta0n. Inductlon andtrdlnlng oftrustees Trustee$ are recrulted throu8h open recrultment and personal recommendatloTh New trustees re¢¢lve an Inducdon ¢overlnB governance duties, stratè8lc plan$, and financlal Informatlon. Arningementslorsettlng eymanagementp¢rsonnelrnnunerntlon arer Support South Lakt$' pay pollcy Is deslgned to: • Offer sal#rle$ In Ilne wlth the local employrnentm•rkeL • Support recrultmentand retentbon of staff. . Ensure hlrness, equallty, and conslstency. Pay r8ttsare revlewed annually and agreed byTrustses. Oryanlmdonalstructhre The Board of Trnstees meets evèry 6-8 weeks. Day40-day management 1$ delegated to the Chlef Executlve OfflceTand management team. Carer Support South IAkes Is an Independent local re8ls¢ered charfty and a network p8ther of Carers TrusL Page 6
Carer Support South IAkes Trustees. Report Related Partles Carer Supportsouth Lakesworks closely wlth: • Carers Support Cumbria {as a network parther) • Carers Trust (asa memberorganlsation) • Carers UK • The Gateway Group Oocal charlty partnershlp) . South Lakeland Cornmunlty Resilience Group . IDtsgrnted Care Board • Iancashire and South Cumbrla Pla Based Parthershlp Page 7
Carer Support South lakes Statement of trnstees. Tesponsibilities The trustees (who are also the directors of Carer Support South IAkes for the purposes of cotnpany lawl are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and Unld Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 "The Financial Reporting St2ndard applicable ij) the UK and Republic of Ireland.. The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the mistees to prepare financkaS statements for each financial year. Under company law the tswstees must not approve the financial ststements unless they are satisfied that they give a true 3nd fair view of the state of aff3Lrs of the charirable company and of the illcortting resources and application of resources, including its income and expenditure. of the charit3ble company for that period. In preparing these financial statements. the trustees are required - select suitable accounting policies and apply them consistently.. observe the method5 and principles in the Charities SORP- make jud8emenES and estimates that are reasonable and prudenL- state whether applicable accounting standards, comprising FRS 102 have been followed, sublertto any material depamires disclosed and explained in the financial ststetnents.. and prepare the financial statements on the going concern basis unless li is inappropriate to presume that the charitsble company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the tharitable company and enable them to ensure that the financial sratements comply with the Cotnpanies Act 2006. They are also responsible for safeguarding the assets Df the charitable company and hence for taking reasonable steps for the prevenknoll and detection of fraud and other irregularities. The trustees are responsible for the maintenance and inte8rity ofthe corpordte and financial informzkntsn included on the charitable company's website. Le8i51ation governing the prepardtion and dissemination of financial staternents may differ from legislation in otherjurisdictions. Small companles provision statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. The antlual report was approved by the trustees of the charity on 2 December 2025 and signed on its behalf by= l R Alexa Chaiman and trustee Page 8
Carer Support South IAkes Independent Examlner's Report to the trustees of Carer Support South lakes ('the Company,) I report to the drity trustees on my examination ofthe a¢¢ounts ofthe Comp¥ny for the year ended 31 March 2025. ResponslbiJitEes and basi$ of report As the chaT1S trustees of the Cornpany (and also its dlrectors for the purpose5 of company law) you are responslble for the preparatlon of the accounts in accordance wlth the requlrements of thÈ Companles Art2006 fthe 2006ArtJ. Havlng satlsAed mysdfthat the accounts of the Company are not requlred to be audlted under Part 16 of the 2006 Art and are ell8ible for Independent examinatiorn I report In respect of my examlnatlon of your ¢harlty's accounts as carried out under settlon 145 ofthe Charftles Act 2011 ('the 2011 ACVJ. In carryfjn8 out my examlnation I have followed the Dlrectfotjs glven by the Chartty Commisslon under $ectlon 145(S)tb) of the 2011 ACL Independentexamlnerfs statement Since the Company's gross lttcome ex¢eeded £250.000 your examlner must be a member of a body Ilsted ln sectlon 145 of the 2011 ACL I confirni that l am quallfied to undertake the examlnation because l am memberoflCAEW.whlch ts one ofthe ltsted bodle& I have completed my examlnadon I conflm that no matters have eorne to my attention In connecdo wlth the examlnatlon glvlng me ¢pu5e to belleve: l. account5ng records were not kept In respert of Carer Support South Lakes as requlred by secdon 386 ofthe 2006 A¢ or 2. the accounts do not accord wlth those records: or 3. the a¢¢ounts do not comply wlth the accountlng Tequirements ofsectlon 396 of the 2006 Act other than any Tequlrement that the accounts glve a 'true and fair vlew. whlch Is not a matter considered as part of an Independent examlnation,. or 4. the accounts have not been prepared In OCCOTdance with the metho¢ts and prfndple5 of the ststement of Recommended Practltt for accountlng and reporting by charlttes [appllcable to ¢harities preparing thelr accounts In accordance wlth the Financlal Reportingstandord applicable In the UKand Republlt of Ireland [FRS 102)]. I have no concerns and have wme across no other matters In connectl¢*h wlth the examinatlon to whlch attentlon should be drawn In this report in order to enoble a proper understandlng of the accounts to be reached. Helen Holmes Bsc FCA IG4EW Ither House Lowtherstreet Kendal LA9 4DX 20 2 Page 9
Carer Support South lakes ststement of Flnanclal Artlvltles for the Year Ended 31 March 202S On¢ludlng Income and Expendlture Account) Unrestrlct¢d Rtstrlrted runds funds Total 202S Note Incom• and Endowrnents from: Donatlons and legades Charttable actlvltie5 Other tradlng actlvldes Investment Income 3,664 272,496 29551 3.664 726.222 29.551 542 453,726 Total Income 314 253 453,726 767 979 Expendlture on: Ralsln8 funds Charftsble acdvltles (47,181) (47,181) 616 795 Toral Expendlture 295 346 368 630 Net Income 104 003 Net movement ID fvnds 18,907 85.096 104,003 Recondlladon oftsnds Total funds brou8hi fonvard Totsl funds arrled forAard 129 353 114 799 244 152 21 148 260 199 9S 348 155 The note5 on pages 13 to 32 fom an Integral partofthe$e finandal ststement& Page io
Carer Support South lakes Statement of Financial Actlvities for the Year Ended 31 March 2025 {Indudlng Income and Expendlture Account) Total 2024 nd$ nds Note Income And Endowments from: Donatlons and legades Charttable actlvltle5 Other tradlng artlvbdes Investment Income Other Income 6,049 251,197 51,206 6.484 6,386 331,907 12.435 583.104 51.206 6,484 Totsl Income 337 412 330 293 675 705 Expendlture on: Rolslng funds Charfjtable ortlvItl•s (42,326) 267 168 (42,326) 615 901 348 733 Total Expendliure Net Incorne/(expendlture) Net movement In funds 309 494 348 733 27,918 [10,440) 17,478 R¢¢•ndlladon oflun Total fund5 brought forward 101435 125 239 226 674 Totsl funds carrled forward 21 The fund5 breakdown for 2024 Is shown In note 21. 129353 114799 244 152 The notes on ppges 13 to 32 forni an intsyal partofthese finandal statements. Page 11
Carer Support South lakes (Registration number: 07567467) Balance Sheet as at 31 March Z025 2025 2024 Note Flxed assets Tangible assets 15 161 803 Current assets Debtor5 Cash at bank and in hand 16 17 27.883 351.497 379.380 25.808 244,949 270,757 Credltors: Amounts falllng due within one year 18 31.386 27.408 Net current assets 347,994 243,349 Net assets 348,155 244.152 Funds ofthe charity. Restrirted income funds Restricted funds 199.895 114.799 Unrestricted income fuDds Unrestricred fvnds 148.260 129,353 Total funds 21 348,155 244,152 For the financial year ending 31 March 2025 the charity Wds entitied to exemption from audit under sertion 477 ofthe Companies Act 2006 relating to srnall companie& Dirertors. responsibiltties: The members have noi requkred the charity to obtain an audit of its accounts for the year in question in accordance with section 476: and The dirertors acknowledge their responsibilities for complying with the requirements of the Att with respect to accounting records and the prepaE3tion of accounts. These financial statements have been prepared in accordance with the special provisions relatlng to companies subject to the small compaT]ies regbme within Part 15 ofthe Companies Act 200& The financial ststements on pages 10 to 32 were approved by the trustees. and auth0ri5ed for issue on 2 December 25 and Signed on theirbehalf by.. IRAle ander Chairnian and trustee The notes on pages 13 to 32 form an integral part of these financial stateTnents. Page 12
Carer Support South lakes Notes to the Flnan¢ial Statements for the Year Ended 31 March 202S I Charttyststus Cer Support South Lakes Is a company Mmlted by guaratstee and a¢¢OrdinY does not have a share capltsl. Every member of the company undertake5 to contrlbute such amount as may be requlred not exc¢¢ding £1 to the assets of thecharItable companyln the eventof its beingwound up whlle he OT5he ls* mernber. or With1 oneyearzfterhè orshe cea5e5 to be a member. The prlnclpal p]ace of buslness ts: Beezon Annexe Beezon Road Kendal LA9 6EL Z Ac¢ouDtingpolldes Sttmnhary of sl8Dlficantaccounthig polldesand key accounllng estlm4¢es The prtndpal accountlng policles applled Sn the preparation of these finantlal statements are set out below.These pollcles have been conslstentlyapplled to all the years presentrt unless othenvtse ststed. ststement of compllance The financlal statsments have been prepared In accordance wlth Accountlng and Reportlng by Charltles.. Statsment olRecommended Prartice (appllrdble to charitles preparfng thèir accounts In accordance wtth the Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102)) [Issued Sn Ortober 2019) - {Charities SORP (FRS 102)). the Flnandal Reporting Standard appllcable In the UK and Republ1¢ of Ireland (FRS 102) and the CompanlesArt 2006. Basls of preparatton Carer Support South Lakes meets the definltlon of a publlc benefit enttty under FRS 102. Assets #nd Ilabllldes are Inltialty recognlsed at hlstorlol cost or transartlon value unless otheThvlse stated In the relevanta¢tountlng pollcy notes. The finandal statements ve presented In $terllng whlch ts the funrtlonal currency of the charlty and rounded to the ne•TertL GolnE ¢oncern The tntee5 conslder that there are no rnatsrlal unrtaInte5 about the dlS ablllty to contlnue as going concern nor any $IflCant areas of un¢ertalnty that affert the carrylng value ofassets held by the charfjty. Income aDd endowments All Income ts recogntsed once the chaTIty has entltlement to the Incorne. Itls probable thatthe Income WMI be recelved and the arnount of the Income re1vable can be measured rellably. Page 13
Carer Support South Lths Notes to the Flnandal Statements for the Year Ended 31 Marth 202S Donatlons are recogn whèn the tharlty has been notlfied In wrttsng of both the amount and settlement dats. In the event that a donation is subiert to condftions that requtre a level of performance by the charlty before the charlty ts entltled to the funts. the income is deferred and not recognised until elther those conditions art fillly me¢ or the lulfllment of those condltlons ts wholly wlthln the control of the charlty and it is probable thatthtse condfitlons wlll be fulfflled ID the Teporbng period L4acy 81fts are recoed on a case by (ase bas15 followln8 the grdnt of probats when the administrator/executOT for the e*atr has tommunitated in writing btrth the amountand settlement dat& In the event that the glft is in the fom of an asset other than cash or a financlal asset traded on a retognlsed st£)ck exthan8e, recognhloD is subjert to the value of the gift belng rellabty rnea5urable wtth a degree of reasonable accurary the tltleto the assethavln8bEen transfeed to the tharity. Deferred income represents amounts rKeived for fvtyre pertods and is released to ITOmIng resources in the perlod forwhlth ithas been recelved Such Incomeis oDty deferred when: - The donorspecffies thatthe yxntordonation mustODlybe used In future atcounttngpertods; or - The donorhas Imposed condftlons whSch mustbe met beforethe charity ha5 untondltional enttdemenL Dfvldends are retognlsed On the dlvldend has been dedaTEd and notificatlon has been rttthed of the dlvidend du ExpeDdlture All expendire is recolised once there Is a legal or coLthCtlve obligation to that expettd1re. It Is Probable setdement is requlred and the amount can be measured rellabty. All costs are allocated to the applicable expendlture heading that aggregate similar ¢osts to that category. Where costs cannot be directly attributed to particular headin85 they have been allocated on a basis CODSiStent with the use of resources, with centr315tsff costs allocated on the basts of time sp2n¢ and depreciation tharges allocated on the portton of the asseys us& Othersupport costsare allo(ated based on thespread of staff cost& Ratslngfunds These are costs Incurred in attfortln8 vol¥Jntary Income. the management of Investtnents and those Incurred In trading artsvldes thatratse fund Charttable expenditure comprises those costs Incurred by the charlty in the delivery of Its actEvltles and Services for its benefidarle& It IDdudes both tosts that caD be all¢xated dirertly to suth #¢tivities and those costs ofan Indtrert natyTe necessary tosupportthenk Support cosL8 Support Costs Indude central funttions and have been aJl(Kated to achvity cost categorles OD a basls onslstent wlth the use of resource& for example. allootlng property costs by floor areas or per Capfta. staff costs by the tlme spentand othercosts by thelrusag& Page 14
Carer Supportsouth lakes Notes to the Flnandal Slaternents for the Year Ended 31 March 2025 These Include the costs aitributsblt to the charltys compllan¢e w5th constltutlottal and ##¢utory requlrementy Indudln8audlL strat4lc rnawementand tTUStee5 meedn8s and relmbursed expense& GovernmentBrnDts The ¢hartty recefves government grants In respert of work wlth young carers Income from government ond other 8ranlS ¥re recognlsed at falr value when the ch•rtty has entltlement thr any perfornunce condldons have been meL 5t Is probable that the Income wlll be recelved and the amount cAn be measured rellably. If entltlemeni Is not metthen thes¢ amounts aredef¢rrn Tuatlon The charity Is consldered to pass the tests set ot In ParaPh I Schedule 6 of the P5nince Art 2010 and theT¢fore It Jneets the deflnltlon of a ch•rttablt company for UK corporatton tax pllrpo A¢¢ordlngly. the ¢harlty Is potentlally exempt from taxatton In respert Of Ie or L3pItsI galns recelved wtthln categorles covered by Chapter 3 Part 11 of the Corpor•tton Tu Art 2010 Dr Sectlon 256 of the Taxattort of Charyeable Galns Art 1992. to the extent that such Income or 8ains are applled exduslvely to ¢horltable purpose& Ilx•d •ts Indlvidual fixed assets cosdn8 £5ty).00 ormry•are Inltb•lty Yerded atC4bsL Deprethtlom and 4mortistlo Deprecladon Is provlded on tsn8lbl• Ilxed •s%ets so w to Tlte off the cost or les$ any esdmted rsldu•l value. overthektxtted usefd] Ilfe follow Awtda Flxiures, Ntdnp And equlpment Depr•d•dottmeiW amd rats 25%- 33% Stsal8htllne Trade d•bton Trnde debton are amounts due from al01erS for merchandts¢ sold OT servlces perfonned In th• ordlnary COUTSe of buslnesL Trade debtors are reco8nlsed Inltlally at the tranmrtton prfco They are substquently measured at amordsed cost usln8 the effrfdve Interest method less provbslon for ImpalrnienL A provlslon for the Impalrnient off trade debtors ts establlshed when there Is oblertlve evldence that the charlty wlll not be able to collert all amounts due accordlng to the orf8lnal oftht rt¢efvable& Casb and c4sh equfv4lehtr Cash and 5h equlvalents ¢omprise cash on hand #nd ¢all deposlts, and other short-terni hl8hly Ilquid Investments that are readlly convertlble ro 4 known amount of (ash and are 5ubSect to an Inslgniflcant rlsk of ¢han8• In valu& Unrestrlcted In¢ome ndS are general funds that are aval]able for use at the trustees dtscretlon In furtherne ofthe oblethes ofthe ¢knrlty. Page IS
Carer Support South lakes Notes to the Flnanaol Statements for the Year Ended 31 March 2025 Restricted Income funds are those donatsd for use in a particu]ar4rea or forspe¢hfic purposes. the use of which ts restrlcted to thatarea orpurpose. Pemslons aDd otherpostretlrementobllgado The penslon costs chaTged in the firtandal ststements represent the contrfbution payable by the drIty duringthe year. FIDandal Insrrnments Financlal assets and financial Ilabultles are reCOed when the charity become5 4 party to the ontractual provlsffions ofthe instrumenL Finandal Ilabilities and equlty Instruments aTe dassified accordlng to the substance of the contracttTal arraDgements entsred inkn An eq[ Instrument Is any CODtrart that evideDtts a resldual Intsrest In the assets of the tharltyafter deducbngall of its ]labllltfs Ail finandal assets and liabilitie5 are Inlttalty measured at traDsactlon price {iDdudlng trnnsartlon costs). except for those finandal assets dasslfied as at falr value through profit or loss. whlch are Inldauy measured at falr value [whlth ts normally tht transactlon price exdudlng traIrtIon costs), unless the arrdngement consdbjtes a flnanting transactiOTL If an anxngement constitutes a financing transacdon. the financial asset orhnancial liabillty Is measured at the presentvalue of the fvwre nents discounted ata market rdts of interest fora slmilaTdebt Instrunt FlnaDdal a55ets and Ilabilsties art only offset in the tstement of financial posttlon when. and only when there exlsts a legalty enforceable ri8bt to set off the recognts amounts and the char5ty Intsnd5 either to settle on a netbasl4 orto reallse the a5setand$ee the liability slmultsneoysly. Flnancial assets are dereco8nised when #nd onlywhen a) the¢ontrdctsal rlghts to the cash flows from the financial asset explre or are settled. b) the charity transfers to aDother party sub#antially all of the iisks and rewards of OWDershlp of the financlal asse( or c) the durlty. despite having retained 50rne, but not all, 5ignlflrdnt rtsks and rewards of ownershlp. hastransferred control ofthe assetto another party. Flnandal liabilltles are deresed only when the obligation spedfied In the contrart Is dlscharged. (an¢elled orexpiTe& P4e 16
Carer Support South lakes Notes to the Flnandal Statements for the Year Ended 31 Marth 2025 3 Income from domadons *nd legades Unrestrlrted nds General Tots] 20ZS Donattons and leeacies: Donadons from Indlvlduals Le8ades Gfftald redalmed 2,077 1,023 564 2.077 1,023 564 3,664 Unrestrlrted funds General nds ZOZ4 Donatlons and legades: Donat5ons from companles. trusts and simllar proceeds Donations from Indlvtdual8 L¢gades 6.386 6386 4,945 1.104 IZ.435 4,945 6,386 Page 17
Carer Supportsouth lakes Notes to the Flnanclal Statements forthe Year Ended 31 March 2025 fiubds 2025 Carers Support Cumbrla (CSQ All w c•re contracts The Henry Smlth Chartty Westmorland & Furness- Houshold Support Fund Global's MakeSom¢ Notse ARF Furne55 Carers- Natlonal Lottery Garfleld west{ Fowidatlon Erlc Wrfght CharftableTh Foyle Foundatlon Mason1¢ Charltable Foundatlon Bl8 Glve Frandsscott tharitsbleTn A¢dvltyCoordlnator Slr lohn Ftsher Cumbrla Communlty FoundatkTrn Health & Wellbelng Fried4 S¢ortChartbleTrust The Davld Snowden Trust BBC Chlldren In Need-Youn8carers a¢dvldes WAlney Grants¢ape Curnbrla Communlty Foundatloft. Slttln8 Seryk¢ Hadfleld Trust Tlme for Me Souter Charftsble Thist 'Oyly Corte Charft¥ble Trust Cumbrla Communlty Foundadon Youth Artlvltles Kendal Coundl Bauer Radlo Glve Them a Break Campalgn Westmorland & FurnessTrnvel Grant Lupton TowerTrus¢ Lord Barnaby A P¢tsltlve Partnershlp Roseland 272.496 272.496 60,000 51,000 30,000 30,000 28,293 25,000 24.000 20,000 20.000 19.819 16,000 IsJio 15,000 60,000 si.000 30,th)0 30.000 2&293 25.000 24,000 20,000 20,000 19019 i&ooo 15.310 15.000 13,000 12.121 10.420 8J63 7.500 7,000 5.000 s.000 4.000 4.000 3,109 3.000 13,000 12.121 10,420 8363 7.500 7.000 s,000 s,ooo 4,000 4.000 3.109 3.000 3,000 2,717 2.674 2.000 2.000 1,000 1.000 900 2.717 1674 2.000 1.000 1.000 900 Page 18
Carer Support South Lakes Notes to the Flnanclal Statements for the Year Ended 31 March 2025 Unrestrirted fwids General funds 202S Bryan lancastsr Impart Fund Westmortand & Furness 500 500 500 453.726 500 500 500 726222 272.496 Pa8e 19
Carer Support South lakes Notes to the Flnanclal Statements for the Year Ended 31 March 2025 General 2024 Carers Support Cumbrla (ISQ All a8ecarer5 conrdrts The Henry Smlth Charlty Westmorland & Furness- Household Support Fund Global's Make Somt Nolse G•rfield Weston Fowidatlon Eric Wrf8ht CharftabseTnt Francts ScottCharftableTrust Cumbrla Communlty Foundatlon H1th & Wellbelng Frteda S¢orChartableThtst The D4vld Snowden Tntst BBC Chlldren In Need- Youni carers actlvltles Waln¢y Grantscape Cumbrla Communlty Foundallon- Slttlni Serylce The N4tlonal Lottery Communlty Fund A Posldve Partnershlp c0rersTnt The Knotted Prolert. Forye Fesdval Walnty Communlty Extenslon Fund Curnbrla Communlty Foundatlon Famlly Support Prole The Evan Cornlsh Foundltton The HadneldTrust GlveThem a Brtdk Carnpalgtt The Lennox Hannay CharltsbleThist Events 2397 250.397 60.000 34.932 35,000 25.000 20.000 16.000 60,000 34.932 35.1)00 25.000 20.1)00 16.000 13,000 11,950 15,000 53.251 3.750 13,000 11.950 15.¢X)O 53,251 3,750 4,000 13,204 800 1,909 375 &75S 13204 1,909 375 6,75S 3,000 3,500 s.000 3.863 2.000 418 5B3 104 3500 5.000 3063 2,000 418 331907 251197 Pa8e 20
Carer Support South IAkes Notes to the Flnanclal Statements for the Year Ended 31 March 2025 5 Income from othertrndln8a¢tfvld nds General zozs Local fvndratslng and strert collecdon Income Unrestrlrt¢d funds G•ner 2024 Lool fundrntslns and strtet collectlon Incom• 51.206 6 Invejtmentlncome Unr•slrlrted nds Genernl Totsi nds Interertrecelvable and slmllar Income: Inter•$tr¢¢¢lvable on bonk deposlts Totsl for 2025 Totsl for 2024 Expendlture on r•l$ln8 lund¥ Costs of tr4dlni a¢¢Mtles Total 2025 Total 2024 Gener*] Local fundrdEs5n8 and street eoll¢cdon Marketln8 and publlclty Other dlrect costs of avItIeS for 8enerdtln8 funds- Stsff costs 1.515 1.700 1.515 1.700 11.430 929 43,966 47,181 29.967 47,181 PaEe 21
Carer Support South lakes Notes to the Flnandal Statements for the Year Ended 31 March 2025 8 Expendltsre on charltableactfvldes Unrestrlrted (unds General funds 202S Young Carers Marketlng Core costs Carers serv1$ WAF Glve them i break 98,338 20,237 150,943 97360 98,338 20,237 174,066 118,334 204,026 23,123 20,974 204,026 812 935 617 565 und¢rtakeD A¢dvlty support dlredly costs 2025 Young C•r8rs Markeiln8 Core costs Carerservlces WAF Glve them a brnik 98,338 20,237 156,974 118334 204,026 98.338 20.237 174.066 118,334 204,026 17,092 17.092 617 565 P4Be 22
Carer Support South Iakes Notes to the Financial Statements for the Year Ended 31 March 2025 Acllvlty undertgkeD Acdvltysllpport dlre£dy 2024 Youn8 Carers Core costs CareT Servlces WAF Gfvethem a break 137.489 132.521 159.332 171.495 &886 609.713 137.489 138.709 159,32Z 171.495 86 6,188 6.188 In addltlon tothe expendltureanaty5ed above. there are also governance costs of £17.092 (2024- £6,188) whl¢h relate dlrettly to charftsble activitles. See notè 9 for further detsll& UDr¢strlcted hm(Es Generdl Total 2024 funds Young Carers Core costs Carers Se WAF Glve them a break 137,489 45.000 154.ISI 3.207 137.489 138.709 159,322 171,495 8.886 615 901 93.709 5.171 168288 267,168 348,733 Page 23
Carer Support South IAkes Notes to the Flnanclal Statements for the Year Ended 31 Mar¢h 202S nds General Total 202S Independentexamlner fees Examlnatton ofthe nnandal thtements Other lees pald to examlners Lepl fees 3,473 3593 3.473 3.593 17.092 ds Gener*1 Tot•1 2024 Independent exarnlner fees Ex#mlnadon ofthe find¥1 slatements Other fees PAld to examlners Le8al fe•$ 3.199 2.H9 540 188 3,199 2.449 540 10 Net IncomlDg/ouwlng r¢ceS Net Incomlng resources for the year Include. 2025 2024 Loss on dlsposal oftkned assets held forthe charlty'sown use Deprecladon of IL#edassets 461 181 No trustee4 nor any persons ¢onnerted wlth have Te¢elved any remunerndon from the drIty durthg theyear. No trustees have re¢elved any relmbursed expenses or any other beD¢firs from the drtty dun8 the year. 12 Sthff costs Th¥ #gyewdts payrnll costs were as follows: Pa8e 24
Carer Support South lakes Notes to the Flnanclal Statements for the Year Ended 31 Marth ZOZ5 2025 2024 Wages and salaries Sod#l setyrltycosts Pension costs Other stsff costs 441560 2&870 14.OZ2 3.963 489.415 426,834 14541 7,684 452 43 The monthly avenge number ofppThons (indlIng $eDlor mall¥gt I leadershlp team) employed by the ¢hartty durfng theyear expressed as full tkne equlvalents w•$ as follow% 2025 No 2024 No Employees 32 20 18 (2024- IS) ofthèabjve employees partlapated ftt the Defined Contrlbudon Pension Stheme ContrIbutlons to the employee wslon sdmes fortheyeartotslled £20.94312024- £12M31). No employee reIved emoluments ofmore tlwi £601100 duringtheyear. The total employee betfits of the key management persottnd of the drIty were £91.152 12024 . £88241). 2025 ZOZ4 EX#nnItIOn of the financlal statements Otherfees to examlners &¥amlnation.relatedassuTznce servl Taxation cornpllanceservlces 1.081 1512 3593 Page 25
Carer Support South lakes Notes to the FlnancSal Statements for the Year Ended 31 March 2025 14 TaxatioD The charlty Is a re8tstered charfty andls therefore exempt from taxatlo IS Tan8lble fixed assets FurDltyre •nd •qulpm•nt Total At l Aprll 2024 Dlsposals At31 March 2025 2S,2SS 25,255 Depredatlon At l Aprll 2024 Charye forthe y¢gr Ellmlnated on dlsposals At 31 Mah 2025 24,452 181 24,452 181 Net book v*lu• At31 March 2025 161 161 At31 March Z024 803 803 Page Z6
Carer Support South lake5 Notes to the Flnandal Statements for the Year Ended 31 March 2025 16 Debtors 2025 2024 Trdde debtors Prepaents Other debtors 24276 3.207 400 Z2.908 2.500 400 08 Z7 25 17 CA8h •nd equlvlents 2025 2024 sh on hand Cash atbank Short-term deposlts 215 Is 1.709 243 225 351497 18 Cr•dltor amounts f4UIty8 du• wlthln oneytsr 2025 2024 Penslon c0ntrlbutbonsun1d Accruals Def•rred Income 2,018 5292 4,700 31 19 P¥•4d •)therKhen D•fln•d ¢ontrlbudon Pen0 Khem• The durlty operates a deftned contrSbullon penslon s¢herne. The penslon cost charge for the year represents tontrlbudons payable bythe drItyt0 thescherne and #mounted to £14,022 (3024- £7.684). 20 Commltments Capllal commltriellts At 31st Marth 3025 the company had cMimltmentsundernon- ¢InllIn80perlIIThl lee5 as follow*. The #rnounts due wlthln one year •re £19064 (2024 - £25.960) and the remalnlng b¥lance of £&883 (2024- £15.309) Is thie wlthln 2 to Syear& The total amount contracted for but not prnvlded In the finafftd 51atements was £24747 (2024 - £41,Z69J. Page 27
Carer Support South lakes Notes to the Flnandal Slatements for the Year Ended 31 March 2025 21 FnDds Aprll 2024 r•sources exp•nd•d M#rth 2025 Genernl General funds 01853 314253 (295J46) 100.760 Dnqtsd Core reserv• 47 T•)ts] unrertrlrted 129 53 314 253 95 260 The Henry Smlth Charbry Westmorland & Furn¢ss- Household Support Fund Global's Mak• Sorne Notse ARF Furness Carers- Nt101 Lottery GarAeld Weston Foundatlon Brlc Wrllht Charftsble Tn Foyle Foundatlon Masonlc Charttable Tn Bl8 Glve Fran¢ts Scott Charttable Trnst Acttty Coordlnator Slrlohn Flsher Cumbrta Conlmunlty Found4don H¢alth & Wellbelng Frieda Stott CharttableTrnrt The Davld Snowden TTUSt Chlldren In Need Wa]ney Grdntscape Cumbrfa CommunityFoundadon The Hadfleld Trust Tlme for Me Soutsrchrttsble Trust D'oyly Carte Charltable Trust Young Carer$Acv5tles Kendal Coundl Bauer Radlo GiveThem a BreakfamlIn 60.000 60.000 {84,000) 36.000 &657 51.000 30.000 30.000 28293 25.000 24.000 20.000 20,IXVJ 19M19 16.000 15.310 15XIOO {34.564J (2lSOO) 2Z,093 7500 30.000 (28293) (25.000) (20,000) (7,500) {20,000) {19019) [21.957] 4.000 12.500 12fy24 6,667 15.310 15,000 13.000 12.121 10,4ZO 8363 7500 7,000 5,000 5.(KlO (4,333) (12.121) {10.420) {28363) (9375) 8,667 20.000 %7SO 1,875 7.000 (10,000) 5.000 (400) 4.000 3.109 3.000 3.000 2.717 4.000 3.109 3.000 3,000 (2.717) Page 28
Carer Support South lakes Notes to the Flnandal Statements for the Year Ended 31 March 2025 Balane• at I Incomln8 Aprll Z024 resources Resoure•s Balance•t 31 expend¢d Mw¢h 2025 Young Car•rsTrnv•l Lupton TowerTrust Lord Barnaby Mlchellelurd Roseland Carers Th15t PeerSupportGroups Dementla Cumbrlo County Coundl- YC 8rant B LaD¢aster The i*nnox Hannay charftsb1eTht Events Impart Fund Westsnorl8nd & Furness 2.674 2.000 2,000 1,000 1.000 900 2,674 2,000 2.000 1,000 1,000 1,350 4,01)0 [2.250) (1.000) 3.000 500 2.000 500 2.000 418 (418) 500 soo soo 500 Totsl r•strlrt•d lunds 114799 453 726 368 630 199 895 Total fvnd8 767.979 663 976 Page Z9
Carer Support South lakes Notss to the FInan Slatements for the Year Ended 31 Marth 202S Bol•tt¢e #t I lttcomlD8 Resources Balance at 31 Aprll 2023 resouros expended March 2024 Unrestrlrted fuDds General funds 53.934 337.413 1309.494) BI53 Dulgnated Core re5er¥e 47500 47500 337 413 309.494 129 S3 The Henry Smith ChaTity Westmorland & Furness- Househo Support Fund Global's MakeSomeNoise Gatheld Weston Foundatlots ErScWrI8htClJaritableTru5t Frdnds Scott Charttable Trust Cumbria Communffiry Foundatlon Health & Wellbelng Frieda Scott CharltableTrust The Davld Snowden Trust Chlldren In Need Walney GraDtscape Cumbria Cornmunlty Foundation The Hadfield Trnst GlveThem a Breakcampalgn The Knotted Projert- Forge Festival Cumbria Counry Coundl Young CaTer5 Cumbria Cornmunlty Foundation Cumbrla County Coundl Champions Dowager Countess Eleanor Peel Tntst The Edward GostIing Foimdatlon CarerSTnt Peer SuppDrt Groups Dementia Restri¢ted donatlons Give them abreak Blg Lottery Westmorland & Furness- Household Support Evan Cornlsh Foundation Cumbria Counry Counal- YC grant Cumbria CommunityFoundadon Castle Green Natlonal Lottery Communlty Fund 60.000 60,000 34.932 35.000 25.000 20.000 i&ooo (2927S) (35.000) [25.000) (20,000) (7376) 5,657 400 12.624 2333 13,000 11,950 Is.000 53251 10505 3.000 s,000 (15333) (11.950) {20.000) {41.913) 1&755) (3.000] 8.662 zo,000 3.750 5.000 (3.863) [375) (A573) [4,000) (9h43) [5.OOOJ [5.000) (A392J (8086) (ij 375 6573 4.000 9A43 5,000 5.000 5m3 2500 1.350 6386 33377 (33377) (3500) (3.000) 3500 4AIOO 4.000 829 (829) (39h92) 13204 P•ge 30
Carer Support South IAkes Notss to the Finan¢lal Statements for the Year Ended 31 March 2025 Balance •t I In¢omlD8 Aprll 20Z3 resour¢es R¢sour¢eB B#1¢¢ #t 31 expended Mar¢h 2024 The Hedley Foundatlon The Lènnox Hannay CharftsbleTTUSt Events 3.000 (3.000) 2,000 418 z.000 418 Totsl restrl¢ted lthnds 125 239 338 293 114 799 TolAI fvDds 226673 675 706 658 227 The speclflc purposes for whlch the fvnds are to be applled are as follows: D¢tsiis of th• purpos•s of the Indlvidual restrlrted funds can be found In tht trustees reporL Page 31
Carer Supportsouth lakes Notes to the Flnandal Statements for the Year Ended 31 March 2025 22 Analysts of netusets between tunds Total fvnds at 31 Mar¢h 20ZS Unrestrlcted fvDds General Restrlrted funds Tanglble fixed assets Currentassets Currentllablllti 391 326079 2301Z6 391 379,380 230 126 47500 5,001 Totsl netassets 149,645 Total at 31 Mardh 2024 Unr•$trIrt fvDds Geheral DesIad Restrfcted fund8 T8nElble Ilxed Assets Currentassets Curr•ntllabllldes 803 108.4S8 47,500 114.799 270,757 Totsl net assets 244 152 23 Relatsd party trans4rt10 Durln8 theye¥r the chartty made the followlng rel#ted PArty transacdons.. Carers Supportcumbrla Carer Support South Lakes ts a m•mb¢r of Carers Support Cumbrla whlch 1$ a ¢onsortlum wlth other Carer5 Charltles wlthln CumbrJ& Durln8 the year Carer Support South lakes recelved £272,496 (2024 - £2SO.397) of Wesrmorland & Furness Councll contracted UnreScd funds vla the con50rt1um. Atthe balanc•sheetdate the amount due from Carers Support Cumbrta was £24,276 (20Z4. £22.908]. Page 32